Florida's POMT reaches financial close

10.16.2009

Infrastructure Journal

Infrastructure Journal reports that the Port of Miami Tunnel (POMT) P3 project in Florida has reached financial close, with a 10-strong commerical bank group committing US$330 million in long-term debt along with a TIFIA loan of US$341 million. Nossaman is mentioned as the legal advisor to the project sponsor, the Florida Department of Transportation.

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